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Jul 26, 2011
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it includes savings from winding down the wars in iraq and afghanistan. these are real savings that cbo scores at about $1 trillion. we know that some republicans will quibble over these savings but they have no leg to stand on. but wars are the second biggest policy driver of our deficits after the bush tax cut for the conduct and the worst ads to our debt, to is undeniable that winding down the war's delivers savings. the administration tells us with the wind down, they can't prosecute -- they can count on billions of dollars over the next decade the cbo count $1.67 trillion. we know the republicans agree theythis mstath because included the same settings in the ryan budget that passed the house. they never criticized that accounting and it is hard to see how they could do so now. lastly, senator reid's proposal allows for a joint committee that has the potential to achieve deeper savings down the road. all in all, this is an offer that republicans cannot refuse. all of the cuts in center repots proposal have been supported at one point or another by re
it includes savings from winding down the wars in iraq and afghanistan. these are real savings that cbo scores at about $1 trillion. we know that some republicans will quibble over these savings but they have no leg to stand on. but wars are the second biggest policy driver of our deficits after the bush tax cut for the conduct and the worst ads to our debt, to is undeniable that winding down the war's delivers savings. the administration tells us with the wind down, they can't prosecute --...
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Jul 26, 2011
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and it includes savings from winding down wars in iraq and afghanistan. these are real savings that cbo scores at about $1 trillion. we know some republicans will quibble over these savings, but they have no legs to stand on. the wars are the second biggest policy driver of our deficits after the bush tax cuts. if conducting the war's adds to our debt, it is undeniable that winding down the wars deliver savings. the administration tells us with the wind down in iraq and afghanistan, they can prosecute the war is on about $630 billion over the next decade. the cbo assumes $1.67 trillion on more funding through 2021. by adopting the lower administration number, we can save over $1 trillion. we know the republicans agree with this math, because they included the exact same savings in the paul ryan budget that passed the house. they never criticized such accounting then. it is hard to see how they could do so now. last, senator reid's proposal allows for a joint committee that has the potential to achieve even deeper savings down the road. all in all, this is
and it includes savings from winding down wars in iraq and afghanistan. these are real savings that cbo scores at about $1 trillion. we know some republicans will quibble over these savings, but they have no legs to stand on. the wars are the second biggest policy driver of our deficits after the bush tax cuts. if conducting the war's adds to our debt, it is undeniable that winding down the wars deliver savings. the administration tells us with the wind down in iraq and afghanistan, they can...
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Jul 26, 2011
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guest: reid has $1.4 trillion in anticipated cuts from the war in afghanistan and iran. that is something that has already been considered. that is not a real cut predellas already considered before. we thought that we were going to make the spending cuts earlier. so when he throws that end, it is a nonstarter. you'd take that $1.4 trillion yen has cut would only be $1.3 trillion grid and yet they would increase the debt ceiling by almost double that. we believe you do not increase the debt ceiling more than the spending cuts. that just takes us down the same road we have been on, spend more money that you take in, run the printing presses, and keep spending money. host: there are a number conservatives from the house republican study committee that says the speaker does not have my vote. i will not vote for this latest proposal. you so that you're leaning toward yes. what is your bayh's to these younger members, these freshmen members? guest: we're going to sit down as a conference and talk about this. i am one of the founders of the republican study committee. recall t
guest: reid has $1.4 trillion in anticipated cuts from the war in afghanistan and iran. that is something that has already been considered. that is not a real cut predellas already considered before. we thought that we were going to make the spending cuts earlier. so when he throws that end, it is a nonstarter. you'd take that $1.4 trillion yen has cut would only be $1.3 trillion grid and yet they would increase the debt ceiling by almost double that. we believe you do not increase the debt...
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Jul 26, 2011
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it includes savings from winding down the war in iraq and afghanistan. real savings scored at about $1 trillion at the cbo. we know that some republicans will quibble over these savings, but they have no leg to stand on. the wars are the second biggest policy driver of our deficits after the bush tax cuts. if conducting these wards adds to the debt, it is undeniable that there will be savings. the administration tells us that with a wind down in place in iraq and afghanistan, they can prosecute the war is over the next decade. the cbo assumes $1.67 trillion through 2021 by adopting the lower number in the administration. we know that the republicans agreed with at this math, because they included the exact same savings in the rye and budget that passed the house. they never criticize the accounting than. it is hard to see how they could do so now. lastly, senator reid in his proposal allows for deeper savings down the road. all in all, this is an offer that republicans cannot refuse. all of the cuts in the senator's proposal have been supported, at one p
it includes savings from winding down the war in iraq and afghanistan. real savings scored at about $1 trillion at the cbo. we know that some republicans will quibble over these savings, but they have no leg to stand on. the wars are the second biggest policy driver of our deficits after the bush tax cuts. if conducting these wards adds to the debt, it is undeniable that there will be savings. the administration tells us that with a wind down in place in iraq and afghanistan, they can prosecute...
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Jul 26, 2011
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in fact, the wars of iraq and afghanistan were longer than world war ii. and all of those moneys were spent under the last administration, tax cuts that went about for individuals who by and large have said no thank you because they want to invest in america. so i'm prepared to join with my many friends to work on moving this country forward, but let's move on. let's move on beyond the impossible proposal given by speaker boehner of that -- that focuses on a hybrid, vote now for the debt ceiling then come back and fight it out again in six months. that is not the consistency and the evenness that is necessary for all of those who are seeking employment or all of those businesses or all of those in the arena of money making. they need an even pathway. and so while we get on with the ordinary business, get on with the ordinary business so that we can begin to talk about the growth of this country, education for the young people, making sure the doors of businesses stay open, talk about how do we fix a tax system where we all can benefit. but as long as we ar
in fact, the wars of iraq and afghanistan were longer than world war ii. and all of those moneys were spent under the last administration, tax cuts that went about for individuals who by and large have said no thank you because they want to invest in america. so i'm prepared to join with my many friends to work on moving this country forward, but let's move on. let's move on beyond the impossible proposal given by speaker boehner of that -- that focuses on a hybrid, vote now for the debt...
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Jul 26, 2011
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part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of thelan that we've been operating on for a long time. $150 billion for the w is not baseline expenditure of the united states. it was never projected to continue at that level, so hopefully we could bring it below $50 billion. maybe we went get to $50 billion. i don't know. but what is the reasonable estimate? i think the house republicans and the president said it would drop to $50 billion, and that would be the baseline out there for the rest of the time. that's $1 trillion. that's $1 trillion. so you take $1 trillion out of the $2.7 trillion, you're down to $1.7 trlion. and another thing that's scored in tt, since that $1 trillion in war costs is scored the wa
part -- the other factor is that we are now drawing down the cost of our military efforts in afghanistan and iraq. last year we spent a little over $150 billion. this year we'll spend a little over $100 billion. and the plan is to soon be down to at least $50 billion in two or three years. so over the ten-year period there'll be about eight years at nearly $50 billion or so spent on the war instead of $150 billion. that's part of thelan that we've been operating on for a long time. $150 billion...